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Industry news

Huntington gets US mutual fund mandate


28 October 2011 Chicago
Reporter: Anna Reitman

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Image: Shutterstock
Huntington Asset Services has been chosen by Kovitz Investment Group to administer the launch of the advisor's first mutual fund, the Green Owl Intrinsic Value Fund. Huntington will provide back-office support and service for the Chicago-based investment firm's new fund.


"We are excited to work with an industry leader like Kovitz Investment," said Brian Blomquist, president, Huntington Asset Services. "Their proven track record in the equity space, along with their success in the investment management business, makes them a perfect fit for our growing Valued Advisers Trust series trust solution."

Marc Brenner, president, Kovitz Investment Group, said, "As we looked to launch our first mutual fund, we sought a partner who could help us bring our fund to market effectively and efficiently, while also providing a complete turnkey solution. Huntington Asset Services worked with us to develop the structure of the fund and collaborated with our team to ensure a successful launch later this year."
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